Search results

Learner2007, Since this thread is really about IQ's feed I won't go much deeper about Esignal - your comment, however, will make me research my setup a bit more.

I don't have any options it seems. I am in Asia as well, and use Neoticker. Of all the datafeeds I have looked at, only Esignal seems to have the data I am looking for. (None of the US datafeeds carry the Osaka exchange unless one is willing to pay big, big bucks) I, however, always have to...

Well, it depends on what you are trading. Futures are taxed differently than stocks (schedule 1256 vs. schedule D I believe - sorry, I had some sake ....). In any case, you are also touching upon the subject of passive income (investment income) versus a business such as day trading (as a...

Here is a daily

Here is a 5 min chart

I also trade the STW occasionally. I am currently based in Japan, so on my days off I trade the STW and sometimes the Nikkei. I use Neoticker with Esignal for my data, IB as my broker. Datasources are really hard to find, I have found only esignal which carries asian futures data, or maybe IB...

"They" are the Managed Futures Firm which will execute transactions in your name. Naked Calls have unlimited loss potential ..... (So I actually lucked out - it could have been a lot worse). Quote from Beebers: Biggest losses was listening to other people's advise. Mary Meeker...

Thanks guys.

I looked at the mini Nikkei as traded on the Singapore Exchange. IB will let me trade the bigger contract (SGXNK) but it won't let me trade the smaller contract (SGXNKM). Does anyone have any info why this might be? Thanks.

Biggest losses was listening to other people's advise. Mary Meeker in 2001 or so, Yahoo is cheap at $100 - cost me $10k. First Future trading account with a managed futures firm. The program was rated in the top 10 for safety with a maximum 1.5% drawdown per month. Started with $20k, it grew...

They are probably still paying the same with the Euro having appreciated 50% against the dollar in the past 6 years or so.

If memory serves me right (which it often is not), in FX a limit order gets filled at the price only - not at the price or better. That is why a breakout trade at Oanda is ordered via a limit order. Maybe that is where his question is coming from.

I thought Spectra was pretty cool in his response to some people's comments. You guys and girls are ruthless. I checked out some of their videos and they are great. If they are too low in substance and quality for some of you, well, more power to you - but they certainly will speak to others...

I trade gaps, but use stops. I use the LBR framework (if the ES opens 4 points or more away from yesterdays close then I enter, objective is 4 points from the open). Sometimes I scale in, sometimes I get in at the open. I use a 3 point stop. Sometimes I get stopped out and then I re-enter at a...

You can always play the ES using its options. E.g. in IB you can select to close the option when a given ES price is hit. That way you can have wider stops as the delta of the option chosen is probably less than 1. One point on the ES option is $50, but the bid/ask spread is wide, so you will...

Tell them to make a business plan which includes an exit strategy. Since they might not follow that plan when an exit is called for (as they might be addicted to trading at that point) - then at least they will be aware of it.

What about buying corporate bonds which are A rated? Get 5.2% or so on them and you can borrow 90% against them for your other trading ....

If you manage to not blow up (like me) then you'll just keep on coming back for occasional kicks - especially if you are a struggling breakeven trader (like me). I guess once that breakeven translates into consistent profit, ET is not needed so much anymore. But I sure like to read other...

OK, wrong terminology, not a cash advance but a check written to yourself and put as cash in the bank yes, that works just fine

If you are a poor trader .... just take out your 2 % creditcard cash advance, stick it in your IB at 4.8%, don't touch it, but let it propell you into the above $25k league and you can daytrade stocks with your maybe $10k account. Nothing illegal about it, and IB's interest will cover it...